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Eric Trump Invests in Israeli Drone Company Partnering with the Pentagon

Published February 19, 2026, 09:20
Eric Trump Invests in Israeli Drone Company Partnering with the Pentagon

Eric Trump, son of former US President Donald Trump, is investing in an Israeli drone company, Xtend, which has contracts with the Pentagon. The $1.5 billion investment is being made through a merger of Xtend with JFB Construction Holdings, with the aim of taking Xtend public. Xtend manufactures drones used by the Israeli military in Gaza, among other things for mapping underground tunnels, and has secured multi-year contracts with the Pentagon, including a program for the development and supply of low-cost offensive drones. The company advertises its drones as “low cost per neutralization” solutions. The merger also involves Unusual Machines, a drone company that has hired Donald Trump Jr. as a consultant. This move has raised concerns about potential conflicts of interest, as the Trump family expands its business activities during Donald Trump's term in office. Eric Trump stated that he is “proud” to invest in companies he believes in and that drones are “the wave of the future.” JFB and Xtend did not immediately comment on concerns about the connection between JFB’s portfolio and a defense technology company.